fcabrales
Returning Member

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That way none of my reported losses in Box 20 Code z follow through Form 8995. I guess Turbtotax is determining they are not applicable. Qualified Business Income or (loss) is calculated/reported as zero in Form 8995. There is no other Qualified Business Income in the tax Return. Per your comments, the loss would be carried forward to offset QBI in coming years. However, since the QBI (loss) is calculated as "zero", none of the losses are carried forward.  

This is different to what was reported in previous returns prepared by an accountant, even though the forms (K1) and others are quite similar. In the return prepared by my accountant, all numbers from Box 20 Code Z were flowing through to Form 8995 and since deductions were not being used, they were carried forward.